Category Archive: Euro

A few weeks ago I wrote that money sup­ply was about to blast off. And, last week the data showed that the Fed was pump­ing money (as mea­sured by M2 on a sea­son­ally adjusted basis) into the sys­tem at greater than a 100% annu­al­ized rate. Well, this week we’ve reached orbit and are cir­cling the […] [read full story]